by Anthony | Apr 5, 2021 | 2021 Topics, Inventory, Title Talk
As our economy moves further and further into the digital abyss, we find ourselves embedded into our phones, screens and watches. Not much time for anything else; got to keep up with what is happening. Well, what is happening is that there is an unhealthy loss of...
by Anthony | Mar 9, 2021 | 2021 Topics, Housing, Inventory, Inventory Shrinkage
Some of the reportage on the market characterizes the inventory shrinkage as a loss of new listings, rather than the voracious buyer appetite in this historic real estate market. In one report, the journalist indicated that they discovered there were half as many...
by Anthony | Feb 23, 2021 | Housing, Inventory, Inventory Shrinkage, New Jersey News
Over the last few years lumber prices have skyrocketed as much as 300%. Dating back to January 2017, housing starts for single-family homes were up strongly by 7%. Then all of a sudden COVID-19 hit and between May and July of 2020, housing starts increased by 17%...
by Anthony | Feb 12, 2021 | Inventory, Inventory Shrinkage, Mortgages, NJ Real Estate News, Work from Home
The pandemic of 2020 has continued into 2021. The surge of buyers has continued to spillover into the normally quiet months of December and January and is leapfrogging into February, or so it seems. Even though the COVID-19 vaccine is beginning to make its way into...
by Anthony | Dec 15, 2020 | commercial real estate, COVID19, Housing, Inventory, New York CIty
As the pandemic wears on, it appears that commercial real estate agents are expecting a good part of their occupancy to return back to the city. Offices will no longer be crammed with lots of employees. Social distancing, Plexiglas and remote workers will comprise the...
by Anthony | Nov 9, 2020 | Construction, Counsellors Title Agency, Existing Home Sales, Housing, Inventory, Real Estate News
According to the National Association of Realtors, home sales on existing homes increased in the Northeast by 2% at 27.7% annually. The Northeast’s sustained month-to-month increase was due primarily to the exodus from densely populated areas into more suburban...
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